Local News

ASSENT announces AED175mn expansion at Dubai Industrial Park

  Dubai / Emirates Business Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the UAE-based Al Shafar Group of Companies, announced the expansion of its facilities located at Dubai Industrial Park. The expansion, which will result in one of the largest steel manufacturing companies in the ...

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2nd edition of Dubai Smartpreneur competition launched

  DUBAI / Emirates Business In line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, to transform Dubai into smart city, the Dubai Chamber of Commerce and Industry in cooperation with the Smart Dubai Office launched the second edition of Dubai Smartpreneur Competition at Chamber’s premises on Monday. ...

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ADNOC opens service station in Western Region

  Abu Dhabi / Emirates Business ADNOC Distribution on Monday announced that its new Al Rgayyb service station, located on the Ghayathi-Ruwais Road in the Western Region of Abu Dhabi, had started operations. The opening comes as part of the company’s ongoing expansion strategy that aims to meet the growing demand for its high-quality products and services in various parts ...

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DIFC joins world’s most influential global Takaful forum

  Dubai / Emirates Business The 12th annual World Takaful Conference (WTC) will be convened by leading financial intelligence platform, Middle East Global Advisors, in strategic partnership with the Dubai International Financial Centre (DIFC). To be held under the theme of ‘Stability, Authenticity & Technological Transformation’, WTC 2017 will build on its long-standing reputation for nurturing the development of the ...

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World’s largest laboratory exhibition opens in Dubai

  DUBAI / Emirates Business The first standalone edition of MEDLAB Exhibition & Congress, the world’s largest laboratory event, was officially inaugurated on Monday by His Excellency Humaid Mohammed Obaid Al Qatami, Chairman of the Board and Director General of the Dubai Health Authority. Following 15 years of success alongside the region’s flagship healthcare event, Arab Health, the laboratory show ...

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Dubai Culture unveils cultural tour guide programme

  DUBAI / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, announced the launch of its Cultural Tour Guide programme in partnership with Yas Consulting and Training Company. The announcement follows success with the first group of 11 employees trained in the initiative, who were drawn from across the Authority’s ...

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Margin trading finances reach AED15.2bn on ADX

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that margin trading financing reached AED15.2 billion in 2016, representing 15.4 percent of the total trading value (buy and sell), which amounted to AED98 billion. The increase in the value of this trading is due to the increased number of brokerage companies that offer this service reaching 33 out ...

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$240 billion GCC rail projects in pipeline

  DUBAI / WAM Asia and the Middle East have the largest selection of freight and urban transport projects in the world with more than $642 billion worth of planned railway investments, according to a report. According to a report by Terrapinn Middle East in collaboration Ventures ONSITE, the value of total GCC rail projects in pipeline stands at over ...

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Ankara to host UAE-Turkey Joint Economic Committee

  Abu Dhabi / Emirates Business HE Eng Sultan bin Saeed Al Mansoori, UAE Minister of Economy, will lead a top-level economic delegation from the UAE to the Republic of Turkey to attend a series of meetings for two days for the 9th session of the Joint Economic Committee (JEC) between the two countries. The meetings will be held in ...

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TCA Abu Dhabi hosts US travel industry experts to boost ties

  ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) is hosting a 50-strong delegation of senior travel industry experts from the United States on a tour of the emirate’s key attractions as it bids to strengthen ties with one of its key global markets. The high-profile attendees on the trip are all travel agency owners ...

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